Top Litecoin Brokers for 2020

We found 8 online brokers that are appropriate for Trading Litecoin.

Best Litecoin Brokers Guide

Litecoin Brokers

Litecoin brokers are similar to Bitcoin and other cryptocurrency brokerages but they specialize in helping traders in the selling and buying of Litecoin digital currency.

What is Litecoin?

Litecoin is one of the most traded cryptocurrencies in the world and like other virtual currencies it is not managed or controlled by any central official authority. It was released in 2011 and is the brainchild of a Google employee Charlie Lee, who was previously the engineering Director at Coinbase.

The peer-to-peer decentralized currency is almost identical to the most popular Bitcoin. In November 2013 massive growth in the value of Litecoin was witnessed, including a 100% jump within a day.

Litecoin was designed with the concept of developing a system of payment that is not managed by any government agency. When Litecoin was released it was able to make transaction confirmations fast and able to handle far greater volume than Bitcoin.

As of now the average transaction confirmation of Bitcoin is between 30 to 100 minutes, Litecoin is 15 – 30 minutes.

Litecoin Brokers and Trading

Similar to other cryptocurrencies, Litecoin can be mined. Currently, 25 Litecoins are mined for one new generated block and traders can buy it with the help of Litecoin brokers and store them in a Litecoin wallet.

The buying and selling of Litecoin is conducted through crypto exchanges. Many traders prefer not to hold the currency in a wallet. Some traders use Litecoin to trade CFDs on the currency markets or to trade stocks, commodities or other assets.

Litecoin Brokers and How To Buy

The currency can be purchased from a designated exchange with the help of Litecoin brokers or directly using standard currencies like the GBP, USD or Euro.

A number of countries have started accepting PayPal balance transfer to buy Litecoin. Many exchanges facilitate making payment through credit or debit cards, but these need to be linked with the buyer's bank account.

Lately, Skrill, PaySafe, Neteller, WebMoney, OKPay, GiroPay and Moneta are also being used when buying Litecoin cryptocurrency.

Apart from these, Litecoin can be exchanged for direct bank transfers through SEPA system or SWIFT code.

Litecoin and CFD

Forex platforms facilitate pairing Litecoin with fiat currencies the largest being the USD. Spreads here are large and the pair is traded based on fundamental and technical analysis.

There are some advantages when trading Litecoin in CFD. Leverage can be used and large positions can be set up with smaller capital. The leverage could be up to 1:400. Be aware that with leverage you may lose more than your deposited amount if the trade does not go in your favor.

Brokers off many trading opportunities with CFDs. Trading with CFDs most Litecoin brokers charge no fee or commissions. They make money through spreads.

Litecoin Verdict

Litecoin brokers are in great demand as traders in more numbers are trading the Litecoin crypto currency.

Litecoin has gained popularity due to its fast transaction confirmation times and its ability to handle higher volumes compared to Bitcoin.

We've collected thousands of datapoints and written a guide to help you find the best Litecoin Brokers for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best Litecoin brokers below. You can go straight to the broker list here.

Reputable Litecoin Brokers Checklist

There are a number of important factors to consider when picking an online Litecoin trading brokerage.

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Litecoin Brokers.

We compare these features to make it easier for you to make a more informed choice.

Top 15 Litecoin Brokers of 2020 compared

Here are the top Litecoin Brokers.

Compare Litecoin Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are Litecoin brokers. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more Litecoin brokers that accept Litecoin clients

Broker XTB Pepperstone Plus500 AvaTrade Admiral FXPro Trade.com hugosway
Rating
Regulation Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217 Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of The Bahamas (SCB), Dubai Financial Services Authority (DFSA) Cyprus Securities and Exchange Commission (CySEC) None
Min Deposit No minimum deposit 200 100 250 200 100 1 10
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 250,000+ 10,000+ 15,500+ 200,000+ 10,000+ 10,000+ 10,000+ 5,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
Accounts
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Demo account
  • Mini account
  • Islamic account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
Platforms MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, cTrader, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
xtb
Sign Up with
pepperstone
Sign Up with
plus500
Sign Up with
avatrade
Sign Up with
admiralmarkets
Sign Up with
fxpro
Sign Up with
tradecom
Sign Up with
hugosway
Risk Warning 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money 80.5% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you can afford to take the high risk of losing your money. 79% of retail investor accounts lose money when trading CFDs with this provider Losses can exceed deposits Your capital is at risk Your capital is at risk Your capital is at risk
Demo XTB
Demo
Pepperstone
Demo
Plus500
Demo
AvaTrade
Demo
Admiral Markets
Demo
FXPro
Demo
Trade.com
Demo
HugosWay
Demo
Excluded Countries US, IN, PK, BD, NG , ID, BE BR, KR, IR, IQ, SY, JP, US BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO BE, BR, KP, NZ, TR, US, CA, SG US, CA, JP, SG, MY, JM, IR, TR US, IR, CA AU, BE, CA, CN, Crimea region, CY, CU, of CG, ER, HK, GW, IQ, IR, JP, IL, LY, NZ, CY, KR, PR, SG, SO, SD, SYn Arab, TR, US, VI, US US, IN, PK, BD, NG , ID, BE

All Litecoin brokers in more detail

You can compare Litecoin Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top Litecoin Brokers for 2020 article further below. You can see it now by clicking here

We have listed top Litecoin brokers below.

Litecoin Brokers List

XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 250000+ traders. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XTB offers Forex, CFDs, Cryptocurrency

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 10000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money Pepperstone offers Forex, CFDs, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217
Plus500
(4/5)
Min deposit : 100
Plus500 was established in 2008 and is used by over 15500+ traders. 80.5% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you can afford to take the high risk of losing your money. Plus500 offers CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546
AvaTrade
(4/5)
Min deposit : 250
AvaTrade was established in 2006 and is used by over 200000+ traders. 79% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, CFDs, Spread Betting, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI)
Admiral
(4/5)
Min deposit : 200
Admiral Markets was established in 2001 and is used by over 10000+ traders. Losses can exceed deposits Admiral Markets offers Forex, CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
FXPro
(3/5)
Min deposit : 100
FXPro was established in 2006 and is used by over 10000+ traders. Your capital is at risk FXPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of The Bahamas (SCB), Dubai Financial Services Authority (DFSA)
Trade.com
(3/5)
Min deposit : 1
Trade.com was established in 2009 and is used by over 10000+ traders. Your capital is at risk Trade.com offers Forex

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
hugosway
(3/5)
Min deposit : 10
HugosWay was established in 2017 and is used by over 5000+ traders. Your capital is at risk HugosWay offers Forex, Cryptocurrency, Stocks

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by None